2026-01-01 15:20:19

Bitcoin's pullback could extend further before the next leg up kicks in. The key target sits at the 100% Fibonacci retracement around $86,096. If BTC holds below this level, we might see another dip. But here's the thing—once it breaks above $90,354, that's when wave-3 likely takes over and pushes prices higher. The chart suggests this consolidation phase should resolve soon.

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RealYieldWizard

· 11h ago

It's Fibonacci again, and Elliott Wave Theory, acting like it's the real deal.

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ChainWatcher

· 11h ago

Is 86k really that important? I think this move is just a shakeout; only when 90k breaks will it truly take off.

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LiquidityHunter

· 11h ago

How is this point at 86096 calculated? Has it been disturbed again by liquidity gaps from some unknown exchanges? I scanned the DEX data early this morning, and the price differences of a few trading pairs are a bit outrageous. After breaking through 90354, can it really enter the third wave? I still feel there’s an unfilled arbitrage space with a pullback in the middle...

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fork_in_the_road

· 11h ago

It's the same old Fibonacci sequence again; the probability of a feint feels even higher.

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GweiWatcher